Title 12, Banks and BankingRelease 119-102

§32 Liabilities and Suits as Affected by Change of Name or Location

Title 12 › CHAPTER 2 — NATIONAL BANKS › SUBCHAPTER I — ORGANIZATION AND GENERAL PROVISIONS › § 32

Last updated Aug 21, 2026|Official source

Summary

Changing a national banking association's name or moving its location does not free the bank from any debts or legal responsibilities. Those changes also do not change or stop any lawsuit or legal case the bank is or may become part of.

Full Legal Text

Title 12, §32

Banks and Banking, Source: USLM XML via OLRC

Nothing contained in section 30 and 31 of this title shall be so construed as in any manner to release any national banking association under its old name or at its old location from any liability, or affect any action or proceeding in law in which said association may be or become a party or interested.

Reference

Citations & Metadata

Citation

12 U.S.C. § 32

Title 12, Banks and Banking

Last Updated

Aug 21, 2026

Release point: 119-102